NOT LISTED FOR SALE

7244 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,496,000 - $3,353,000

5 Beds
3 Baths
1,430 Sq Ft
$1,947/Sq Ft Est. Value

About This Home

This home is located at 7244 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,784,571, approximately $1,947 per square foot. 7244 N Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2017
Sold by
Mobley Erika
Bought by
Mobley Erika and Erika Mobley Revocable Trust
Current Estimated Value
$2,784,571

Purchase Details

Closed on
Jul 16, 2016
Sold by
Mobley Erika
Bought by
Mobley Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2015
Sold by
Mobley Wonzel M and Mobley Kristin L
Bought by
Mobley Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1993
Sold by
Mobley Wonzel M
Bought by
Mobley Wonzel M and Mobley Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mobley Erika -- None Available
Mobley Erika -- First American
Mobley Erika -- First American
Mobley Erika $1,330,000 First American
Mobley Wonzel M -- Old Republic Title Ltd
Mobley Wonzel M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobley Erika $50,000
Open Mobley Erika $988,900
Closed Mobley Erika $50,000
Previous Owner Mobley Erika $997,500
Previous Owner Mobley Wonzel M $147,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,328 $1,881,000 $1,482,000 $399,000
2023 $12,176 $1,767,000 $1,399,000 $368,000
2022 $10,894 $1,977,000 $1,574,000 $403,000
2021 $10,456 $1,478,000 $1,296,000 $182,000
2020 $10,381 $1,305,000 $1,235,000 $70,000
2018 $10,080 $1,286,000 $1,047,000 $239,000
2017 $8,512 $1,161,000 $947,000 $214,000
2016 $7,923 $1,045,000 $866,000 $179,000
2015 $7,635 $947,000 $784,000 $163,000
2014 -- $872,000 $725,000 $147,000
2013 -- $888,000 $732,000 $156,000
Source: Public Records

Map

Washington King County Mercer Island 98040 North Mercer

7244 N Mercer Way, Mercer Island, WA

This home is located at 7244 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,784,571, approximately $1,947 per square foot. 7244 N Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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